SOVEREIGN FINANCIAL GROUP, INC.

RIASEC RegisteredEst. 2019
Total AUM
$1.1B
Discretionary
$1.1B
98% of AUM
Avg account
$241K
Accounts
4,486
Employees
31
Advisory reps
24

Firm details

Headquarters
STAMFORD, Connecticut
CRD number
294314
Registered since
January 31, 2019
Custodians
RAYMOND JAMES & ASSOCIATES, INC., CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI71.04%
  • Individuals27.21%
  • Charitable Organizations1.27%
  • Pension & Profit Sharing Plans0.29%
  • Corporations / Businesses0.19%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Sovereign Financial Group, Inc. is an independent registered investment adviser that operates as a capital allocator to both individual/family and institutional clients. The firm, organized as a corporation and SEC-registered since 2019, offers financial planning, portfolio management for individuals and small businesses, pension consulting and third‑party manager selection. Its fee arrangements include percentage‑of‑AUM billing as well as hourly and fixed fees. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 58%, Public Funds/Mutual Funds 32%, Cash & Cash Equivalents 5%, Other 3%, US Government Bonds 1%, Investment Grade Corp Bonds 1%58%
  • Exchange Traded Equities58%
  • Public Funds/Mutual Funds32%
  • Cash & Cash Equivalents5%
  • Other3%
  • US Government Bonds1%

Owners & executives

1 of 1
  • CHARLES FAILLA

    Founder & CEOCRD 2628097

Contacts

3 of 23
  • JOHN BUONI

    Senior Financial AdvisorCRD 2943956

  • STEVEN MASSEY

    Financial AdvisorCRD 1161171

  • Christopher Mortara

    Vice PresidentCRD 2858346

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 219

Active vs passive

$438M in ETFs

Passive

89%

$388M

Active

8%

$49.5M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD TAX-MANAGED FUNDS (VEA)VanguardPassiveForeign Large Blend$34.2M533,0807.80%

Location

Primary office

STAMFORD, CT

FAIRFIELD

Location

STAMFORD, CT

Headquartered in STAMFORD, CT, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
FAIRFIELD
Address
35 W Broad St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth